Trump says China trade deal might have to wait for 2020 election

LONDON: U.S. President Donald Trump said a trade agreement with China might have to wait until after the U.S. presidential election in November 2020, denting hopes of a quick resolution to a dispute that has weighed on the world economy. “I have no deadline, no. In some ways, I think I think it’s better to […]

Google’s Sundar Pichai takes over from Larry Page as Alphabet CEO

San Francisco: Google chief executive Sundar Pichai will assume the CEO role at parent firm Alphabet in a shakeup at the top of the Silicon Valley titan, the company said Tuesday. Pichai will take over from Larry Page, a co-founder of the internet firm, at the parent company which includes Google as well as units […]

US stocks fall on Trump’s tariff gambit

U.S. stocks fell on concern over global trade risks and disappointing factory data on Monday. The S&P 500 Index headed toward its biggest decline in almost two months on a report that President Donald Trump will increase tariffs on China if Washington and Beijing can’t reach a trade agreement. Equities also retreated after Trump said […]

Saudi gains as oil rises on supply cut push

Riyadh: Saudi Arabia’s stock market rose in early trade on Tuesday on the back of rising oil prices, while Dubai and Abu Dhabi were shut for public holidays. Oil prices rose for a second day as the world’s biggest oil exporter, Saudi Arabia, is pushing producers to deepen a supply cut agreement when Opec and […]